Renewal Underwriter Professional Liability
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Job Location:
Atlanta, GA - USA
Monthly Salary:
Not Disclosed
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
Company Details
Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments.: Construction Specialty Casualty Velocity Small Business & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
The Company is an equal employment opportunity employer:
Renewal Underwriter plays a critical role in retaining profitable business and achieving adequate rate across assigned accounts.
As part of a collaborative one team approach this role supports the Broker Specialists in maintaining strong broker relationships while focusing on desk underwriting.
The Renewal Underwriter is responsible for evaluating renewal submissions negotiating terms and ensuring underwriting integrity and profitability.
This role can be based in our Scottsdale AZ or Atlanta GA offices or surrounding locations.
- Manage the renewal process for assigned accounts ensuring timely and accurate underwriting decisions.
- Analyze account performance and market conditions to determine appropriate pricing and terms.
- Collaborate closely with Broker Specialists to support broker relationships and ensure a unified team approach.
- Maintain underwriting discipline while balancing retention and profitability goals.
- Communicate effectively with brokers regarding renewal terms changes and underwriting rationale.
- Monitor rate adequacy and contribute to portfolio management strategies.
- Provide input on underwriting guidelines and product enhancements based on renewal trends.
- Maintain accurate records and documentation in underwriting systems.
- Some travel for key in-person meetings client meetings and industry events.
- Regular and predictable attendance
- Other duties as assigned
Qualifications
- Bachelors degree in Business Insurance Risk Management or related field preferred.
- 1-2 years experience in E&S insurance.
- Strong analytical and problem-solving skills.
- Effective communication and negotiation skills.
- Ability to work independently and as part of a collaborative team.
- Proficiency in underwriting systems and Microsoft Office Suite.
- Travel required for in-person meetings client meeting and industry events.
The Company is an equal employment opportunity employer.
Sponsorship Details
Required Experience:
Unclear Seniority
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
